Digital Map Products – Profile
HQ: Costa Mesa, CA
Founded: DMP was originally founded in 1996 by print map companies Psomas and Thomas Bros.
Management: President James Skurzynski posts a bio on the Web site that says nothing – 20 years experience working in the industry in Canada, the US, and Mexico. Enlightening. The company does have an open search for a CEO.
Investors: In March 2005, the angel network Keiretsu Forum invested $1.4M in Series C. Previously the company raised $3.5M.
Business Model: Company’s ASP platform offers aerial mapping services to government agencies and businesses for uses such as the tracking of sex offenders and real estate planning. The company claims it currently has over 100 clients. Given that their licenses are fairly costly, we expect that their revenues are in the low single digit millions. It currently only offers service in the Western US.
Software Allows Planners To Visualize Where The Next Walmart Goes
Competitors: Keyhole (Google), Teleatlas, NavTech, GDT.
Dirt: We’ve had the misfortune to have had to delve into the mapping space. It’s a mess. The companies charge way too much, salespeople are shoddy and dispirited and offerings are always insufficient. If a well-run company was to emerge we feel like it could go places – as Keyhole did when it was acquired by Google – but we get the feeling that DMP represents business as usual. This is a very green company, and things could change with a new, capable CEO. The company is so green that after many years in business, it boasts that it recently hired its first product manager.